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FOX Business
Jan 17, 2013 4:00pm EST
it despite all the short-term problems. we have a aerospace and defense analyst at credit suisse. i'm hoping they're short term. you must really believe they're short term? >> i do. i think it is a short term issue. question whether we'll fly again in a few days or longer that on that. we're talking about batteris. assuming it is not part of the electrical system, and it is just the batteries i suspect boeing can fix this, identify the fix in a few weeks, perhaps a couple months and start to implement it, perhaps even be flying again before that fully happens. david:. robert, don't they have to come out with a big public relations push? there is nothing that will turn people off of a flight as quickly as any suggestion that flight might go down. i mean how do they combat the public perception this is a dangerous aircraft? >> i think that is the a very tear point. i've -- fair point. i've flown on the aircraft. we've seen situations like this in the past with many new entry aircraft. go back through boeing's history, airbus, perhaps a year or so ago, the a380, for example had issues. david: w
Jan 16, 2013 1:00am EST
weapons, we think it is likely the supreme court will uphold these provisions. in defense of those who do seem confused about the nature of our second amendment rights, the supreme court has not done a great job of clarifying what is the scope of our second amendment rights. as most of you know, in 2008, the supreme court held that the second amendment protects the right of individuals to have guns for personal protection. two years after that case, it struck down a lot in washington, d.c., that banned handguns and made it unlawful for you to use a shotgun or rifle for self-defense. two years after that the supreme court held the second amendment similarly applied to state and local governments and effectively declared chicago's ban on handguns unconstitutional. advocates make it clear exactly how the courts should go about interpreting the second amendment and applying it to other gun-control laws. it is one thing to identify a right in the constitution, but where the rubber hits the road is figuring out which laws are constitutional and which laws are unconstitutional, so they asked the
Jan 17, 2013 2:00pm PST
of chuck hagel to be defense secretary when influential new york senator chuck schumer gave it his blessing. yesterday the president forcefully and emotionally laid out his proposals to curb gun violence and challenged americans to confront the representatives and stand up to the nra. let's listen. >> ask them what's more important, doing whatever it takes to get an "a" grade from the gun lobby that funds their campaigns or giving parents some peace of mind when they drop their child off for first grade. >> joining me is former rnc chair and machines contributor michael steele and democratic strategist bob shrum. shrummy, i have to start with you. it sounds like you got into the president's ear. i know you haven't that i know of, but he's starting to charge this campaign for the second term the way i think you like to run campaigns. go to the essential issues, fight them, get tough against your opponents. >> i think that's true. he had some historic achievements in first term but every time he reached out, he was rebuffed. he's been through a campaign. he believes he's won a mandate, and he
Jan 18, 2013 12:00pm EST
to do. get rid of your defensive holdings. time to play offense and put on risk. to me i like verizon, like the story, expect a good quarter but that is not where you're going to make money. >> now is the time for beta. >> big beta big boy. >> all right. a different restaurant. >> all right. portions are much different. >> yeah. >> you have your eye on nsc why? >> i think what you are really finding out here is, is the china story really playing out from our aspect? are we seeing the shipments going across when you talk about coal obviously very heavily weighted toward what they're really moving right now but also merchandise for nsc. i think those will really give us a great temperature or barometer of what is going on in the market. >> our next guest says three factors could trigger a pullback for stocks and his track record on the show suggests you should listen up. mike santoli of yahoo finance has made several winning calls of late and joins us now. mike welcome back. what are the three factors we should be looking for? my guys on the desk are mostly bullish. >> look. i wouldn't
Jan 15, 2013 4:00pm EST
and inflation all over the place. this year it's with cyclical growth, not defensive growth. not just getting paid to wait but it's cyclical growth right now. >> thank you, guys. >> good to see you. >> terry, welcome back. good to see you. >> the dow going out near the highs of the day, but, again, it's not setting the world on fire but some of the other averages are doing very well and it's just a day when apple is going to close below $500 a share for the first time in almost a year. the dow up 27 points. that's the first hour of the closing bell. here's the second hour now with maria. i'll see you tomorrow. >> and it is 4:00 on wall street. do you know where your money is? welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. the dow jones industrial average closing higher today for a fifth session in a row. take a look at how we're settling out on the street tonight and the market does close at the highs of the afternoon and the dow is down 61 points earlier today. at the close, up 27 points. about a quarter of a percent higher at 13,534. nas
Jan 17, 2013 5:00pm EST
parts. and the defense sector that we talked about months prior as everybody was worried that this fiscal cliff, which we are currently through would -- >> we have the debt ceiling. >> we'll talk about that later. look at lockheed martin today. there are those plays, as well. >> this is going to be a choppy couple of weeks. i don't think it's going to run away here, but it's very defensive. another name to look at, though, embraer, this is brazil's boeing, and these guys are getting very, very busy in the defense space in brazil, in late tip america. they are trying for contracts here, at 12 times next year's earnings, this is a very cheap stock. one of the best companies in the world. take a look at that. >> we are seeing a decline by about 4% in the afterhours session after its earnings report. jon fortt is on the conference call which just got under way. let's get the details from him. jon? >> yeah, melissa. they are talking right now about their process leadership, how they're able to make ships more efficiently than others. but taking a look at the numbers they repor
Jan 13, 2013 8:00am PST
as secretary of defense. >> senator reed emphasizes pressure but one of the points that robert jarvis makes is get more creative on the carrot you'll offer to iran so there might be some way to have a resolution without a conflict. >> and that's teed up right now. i think these economic sanctions are having far more impact than any of us imagined, and there's a really interesting debate going on in iran, george, one we haven't seen before. the supreme leader is allowing a debate to take place about the nuclear policy and about the economy. this suggests to me the administration can and will go forward with the big negotiation, with the big proposal, and the real question is, can we come up with an approach that's enough for the iranians, and not too much for the united states and the israelis? can we, if you will, park the iranian program out of place that sufficiently far from nuclear weapons status that we can live with it. i don't know, but we want to find out. is either of the alternatives going to war against iran or living within iran that has nuclear weapons are extraordinary unattra
FOX Business
Jan 14, 2013 3:00pm EST
earnings. that is not good. it is a sign to be defensive and taking that with look what's happening in europe. europe industrial production came out today. negative 4%. the worst since 2009. they are already in a recession. with that economic backdrop, what do we do? we did an anti-growth package with taxes. we raised taxes. not just for the rich, for everybody. and i don't think that bodes well for continuing growth, and that's why we're defensive. cheryl: one of the things you talk about here and i want to kind of pick apart this point if you don't mind is you're saying we should be looking at going for high yield and global bonds. fair enough. but if you've got a u.s. economy which is still the biggest economy in the world, if you've got a weak economy, unfortunately, i know you are saying good economy, but some are saying we are going to have a weak economy in 2013, if that's the case, do i want to be high yield? does that make sense to you? >> yeah, it does because high yield you get paid a lot of different ways. high income, risk adjusted return. last year up over 15%. almost
FOX Business
Jan 14, 2013 5:00pm EST
that redoes the insurance underwriting. melissa: go ahead and respond to that. that. speak what defensive the cost of gone down. the last three years the flattening of cost for the first time in a generation and we know there are substantial innovations and incentives built in to obamacare that hopefully over time will work and continue to flatten the cost curve. that is the intent of obamacare. it is not fair to criticize it. melissa: the ceo said the countries largest health insurance, country's third largest health insurer, he broke it when he said we would see some insurance premiums go up by 100%. it is not in his interest to say this out loud. are you startled by this path? >> not at all. national health care costs have slowed their growth. when you cover as many people as we are going tocome everybody who has insurance buys a third more than they did before. we will see cost go up. if you do the actuary math, you have to charge people lot of money who made this go. that will be a big sticker shock. and those premium increases stick? we will see, but they will raise rates. melissa:
FOX Business
Jan 16, 2013 6:00pm EST
.s. supreme court ruled that guns in common you should be allowed to be kept in people's homes for self-defense. we all know that there are an overwhelming number of handgun security more than 10 rounds at a time. so to say that people don't have the right to have those guns in their homes for self-defense in my opinion could be a constitutional violation of the second amendment. >> is interesting. we brought him in because we thought that what you wrote in "the wall street journal", getting rid of guns in the district of columbia. and this was a very tough measure to try to reduce violence. what happened? >> unfortunately, gun violence actually increased. it was counterintuitive and tragic and unfortunate. but what we saw is that it embolden criminals because they realize that people could not defend themselves. all that gun bans have done is increase violent crimes and endangers civil liberties and it has created an undue burden upon law enforcement could start them from controlling and violent crimes in progress. they just don't work. >> the sullivan law basically requires that you have conc
FOX Business
Jan 18, 2013 6:00pm EST
in the u.s., but that was quickly shot down by the defense secretary. all this could have a major consequence of the price of oil. want to bring in a senior market analyst for the price futures group and the fox business contributor and a resident scholar at the american enterprise institute and former pentagon official. all-star which you. tell me, what's going on in the oil market today as a result of what is going on? >> the prices have been pretty stable on oil, but we saw huge jump up in the u.k. natural-gas market. as we know, algeria is a major supplier of natural gas to europe. because of those concerns with some big spike in the market yesterday. and that think the larger concern, one of the things we have to realize is that in this world of terror, every time we fill up at the gas tank return all light bulb, we're already paying the terror premium that is built into the price. the biggest concern for energy traders in the energy markets is that this type of attack that happened in algeria happens in other places. >> we have seen it in the past. miching algeria be a prima
Jan 14, 2013 9:00am EST
% defense against the flu, this really raises your chances of not getting it. and if you do receive it, and you do actually get the flu, there's a good chance that the flu that you get, the symptoms are going to be much less. you'll be sick for fewer days and your fever will be -- your symptoms -- you'll feel much better. and it will not be anywhere near as severe as if you had not received the vaccine. >> right. so let me ask you, as somebody who has not gotten a flu shot because i have not yet. if i wait for new stocks to come in, are those vaccines better suited to the flu? do they then become more effective as the flu season goes on? >> no. the vaccine is the same vaccine that's being produced by the pharmaceutical companies. usually the world health organization will try to predict which strains are going to be the predominant strains. about a year in advance. and then it takes the pharmaceutical companies about -- probably about six months to produce the vaccine. once it's in production, it's not being modified until the subsequent flu season. >> the same vaccine you could have g
Jan 14, 2013 3:00am PST
our answers. john. >> jim writes, i bet you have no idea what position he plays. >> defensive end. come on. who are you trying to kid? so john, i've got a tweet. up early so i can start my usual commute on time and so i can cuddle with this guy. this is from elaine don. do we have the picture? aww, look at that. so cute. "morning joe" starts right now. ♪ >>> only at the golden globes do the beautiful people of film rub shoulders with the rat-faced people of television. >> ben's first two movies took place in boston, but he moved this one to iran because he wanted to film somewhere that was friendlier to outsiders. "hunger games" was one of the biggest films of the year and also what i call the six weeks it took me to get into this dress. >> ang li's been nominated for best director for "the life of pi" which is what i'm going to call the six weeks after i take this dress off. >> okay, they were awesome. i thought they were perfect. >> hilarious. >> they were hilarious. good morning, everyone. welcome to "morning joe." it's monday, january 14th. with us on set, we have msnbc cont
Jan 17, 2013 3:00am PST
was going to win the heisman, man. >> he won every defensive award, best player on defense, second in the heisman, unheard of for a defensive player. and part of his story throughout the season was that in september of last year at the beginning of the season, his grandmother died, and then his girlfriend died within hours of each other. >> heartbreaking story. >> the reports range from an hour to a couple of days. >> you were watching and you cried. >> can i just say, my son, joey, said there's something wrong with this guy. he told me this months ago. >> joey is kind of wise. >> i was watching espn over the holidays. because alabama was on, the story. and they tell this story. and then i got a call the next morning. and it was like no, no, no! and i started tearing up. and i was like -- and then they showed him running onto the field. and i was, like, how did the guy do that the week after he found out that his grandmother and his girlfriend died, and then they went on to say he played for her the day they buried her, man. it was the most remarkable story. and i actually called j
Jan 16, 2013 5:00pm EST
on but with caution. i would go for -- i would go for more defensive stocks, utilities, dividend payers, consumer staples, things like that. we also like natural gas, north american energy. there are other special things, we're short the yen. but it changes dramatically. >> right. >> if and when you get the shock and you move to risk off, because when you don't want to own equities. >> no surprise, all the sectors you mentioned so far are very defensive. but at the same time, you see opportunity in small luxury names. why is that? >> yeah, that's the kind of thing that people even when they're stressed, they want to buy, whether it's a fancy bottle of booze , imported beer, something in a small box, maybe it's only cuff links, but it's in the blue box -- >> and that's just the desk right here, gary. >> blue box? >> you look for example at used merchandise stores, their stocks, they are growing in double digits. there's a lot of things that suggest that maybe three-quarters of the country still thinks we're in recession, and they are. real wages are declining, real per capita gdp is declining and
Jan 20, 2013 12:00pm PST
the defense of marriage act. do you think that the nation is moving on this issue? whether you're talking about transgender kids, d.o.m.a. defense of marriage. do you think the nation is slowly shifting? >> i think regular people don't care if two people consenting adults of the same sex want to get married. why can't they join the lot of us and be just as miserable as everybody else. >> you're going to be sitting up there on platform during the inauguration, what does that mean? >> i'm going to start crying. from watching it on tv, ever since i was little. it was nancy, leader of the nancy pelosi, she's the one that invited me. she wanted me to see it. i'm so blown over by it. >> what do you want to hear him say. in his inaugural address. people have been talking about it and dressing about it. what would you like to hear his message be. >> he said a lot of things that i'm glad he said. i would like to see the republicans stop trying to drag the president down. i've never seen anything like it in my life. i mean it's not, it's just, they want him to fail. but if they do that, they want u
Jan 20, 2013 8:00am PST
is across-the-board cuts across domestic and -- >> half from defense, which is 17% of the budget, so the question is, do republicans hate defense cuts less than they would like to see the spending cuts on the domestic side? my -- after that comes march 27th, which is when the current continuing resolution on -- that funds the government expires, so we're going to have real debates about real splittable differences. >> the other thing, george, that's going to happen, and i think that this is going to begin the process of it, is that every day that goes past the inauguration is a loss of power day for the president. and you have -- you basically now have a party, the democratic party will function with him but it's been a cult of personal. fundamentally a cult of personality around the president. they'll have to figure out where they go from here and what's going to happen. the republicans are a cult of no personality and no people and they're going to have to figure out so each day goes forward i think we're going to have an increasing inability for somebody to stand up and say i repr
Jan 16, 2013 2:00pm PST
defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. ♪ we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. >>> president obama's inaugural parade will feature eight floats including a hawaii float to honor his birthplace, an illinois float to honor the first lady's home state and a kenyan float just to mess with republicans. why not? it's a parade. everyone loves a parade. >> bill clinton answers a question about hillary clinton's health and her plans for the future and thoughts about what lies ahead for their relationship. >> she's always been very, very healthy. and she has
Jan 18, 2013 4:00pm PST
you in, that he owed it to you knowing you were going to come forth with that kind of defense to say maybe you shouldn't get out there so far? >> you know, i do. and i do, but at the end of the day, i'm not going to blame him. i'm going to blame myself. but, look, he's lance armstrong. what he wanted was the cover of "newsweek." he wanted a prominent -- someone prominent in the world of sports to come to his defense because as we all saw last night, lance is a clinical, classic narcissist who really only cares about himself. so he didn't care about me. he cared about getting what he could out of me, but, you know, journalists go through this all the time, and i bought it, and i'm embarrassed. >> dave, you wrote that what he's trying to do now is the equivalent of riding a bike through the eye of a needle. well, we watched half of it. we'll see the rest of it tonight perhaps. did he succeed? >> no, he didn't succeed at all, and he didn't succeed on either front, and that's the key point here is that he had to do two different things that were very different, very divergent, and he fai
Jan 18, 2013 9:00am EST
to address the fact that they really are a good company. i hate the defensiveness. this is my theory on what's happened to intel. they have adopted a customer is always right attitude, but it turns out the customer was wrong. they had the wrong form factor, the wrong device. there was a moment in the call where it took my breath away, where paul said, they're talking about the fablet. this is a great american company. i'm like, you know, i actually said, i feel bad. >> they might have the wrong customers. if they have pc makers -- >> i know apple -- i did think this call was -- it was -- i mean, it's literally, are you guys getting any bang for your $10 million in research and development in 2012? they got the israel one going 24 hours. >> and chipotle. >> i shop and i go to factories. >> i have to tell you, this was an intel that was -- we're not as bad as you think. we're not as bad -- no, guys, have some pride. you're great. >> it seems at this point, jim t is a show-me stock. >> oh, is it ever. >> was there any mention of who might replace ottolini? did you see that in the transcript of
Jan 15, 2013 11:00am PST
of the inauguration begins sunday at 9:00 a.m. eastern. >>> president obama's pick for defense secretary just got a huge endorsement. democratic senator chuck schumer says he supports chuck hagel after a 90-minute meeting at the white house. critics, though, blasting some of hagel's past comments including the one in which hagel said, quote, the jewish lobby has intimidated lawmakers on israel. schumer, who is jewish, says he will vote for hagel's confirmation after hagel clarified his remarks. >>> venezuela's vice president expected to deliver a state of the nation speech today. standing in for president hugo chavez who is still in cuba, recovering, continuing to get those cancer treatments. but a lot of venezuelans are just focused on finding everyday essentials, talking about eggs and flour, even toilet paper, very tough to come by, in many stores in venezuela right now. alejandra ora joins me. >> the central bank reported that the shortage increased at the fastest pace in the last three years after president chavez announced he was going to travel to cuba to get cancer treatment. however, it
FOX Business
Jan 12, 2013 9:00pm EST
the organization but the mainstream media. john: the national resource defense council gave us the scare over the apples now have $185 million of assets we could get the bpa out of the baby products spinet that there is a chemical that is dangerous and we will look out for you that the chemicals are scary. they do not even meet their response. >> now it is banned? >> it generates a number of headlines in the public is scared to demand regulatory agency follow the problem. john: they said based on the preference of consumers did not reflect the concern for safety of bpa. >> the funny thing is many governments have certified the safety of bpa but with public pressure they bay and that all the same. john: this is bpa free. >> once i had children there e so many things i should be afraid of not a real things but my garden hose and the baby bottle and it looked absurd their realized many claims are based on junk science. john: even in campbell soup will phase it out they say they have to respond. >> this is an example. campbell soup does not have an alternative. john: it does stop botulism that do
Jan 19, 2013 5:30pm PST
repeatedly kicked and pummelled with fists. others stood over the pistol, self-defense weapon that's lethal at close range. it's unclear why the 25-year-old attacked ahmed dogan. the longtime of a party that defends the rights of minority turks. "right now, we're working on finding out everything about the attacker," said the bulgarian interior minister. blood samples were taken to find out if there were drugs in his system. in addition to the gun, two knives were also found on the attacker. it's unclear how he got into the conference. he already had a known criminal background with arrests for drug possession and robbery. the politician who was attacked was stepping down as head of his party. but police say that he's in good health after this attack. of course, david, so many questions remain tonight. >> alex, thanks to you. >>> we're going to turn now to notre dame football star manti te'o speaking out for the first time about that phantom oh girlfriend. that elaborate hoax. tonight, in an espn interview, manti te'o was asked, was in this? if no girlfriend, who was he talking to on the ot
Jan 14, 2013 4:30pm PST
defensive in the markets's natural for people to think about two sectors, health care and staples. we really like health care more than staples right now. we see that pretty clearly. health-care companies are beating estimates more, they have higher cash balances and you know they are much cheaper. they really never have been cheaper on forward earnings relative to staples so we really like that overweight health quarter underweight staples call. as for industrials you have a lot of high quality u.s. companies. some have the china exposure. others benefit from energy and infrastructure or improvement in housing so it seemed like there were fundamental reasons to be more optimistic on that group of stocks. >> susie: okay. well, we'll see how it goes this year. thanks for coming on the program. we've been speaking with adam pozen. >> susie: it's not easy being a retailer these days, especially if you rely on customers buying at your store. many consumers come in and browse, but make their purchases online. but tech innovations are helping to change that. erika miller got a sneak peek at the in
Jan 15, 2013 6:00am PST
this morning. the fire department is going into defense mold and they are expecting that the fire will burn for a while. >> new reports show that the pilot of oil tanker that struck a tower on the bay bridge last week, switched course as he was approaching. however it is unclear why 61 year-old guy jkeess change course. also contributed to accident or thickening fault, a faulty begin and dangerous currents. >> we're also waiting up to cold weather this morning. will get a check of the forecast in just a bit. >> joining us now to talk markets is a financial expert on rob black. >> i just received my pay check yester day and its is less 2%. i am starting to redo my 401k periods >> everyone is upset about the 2%. it was just one year that we got this break anyway. it is a shock to everyone periods >> with that said if people do not understand that obama is talking that you have to pay your bill before you leave for dinner. we are starting to talk about it in human terms. i do like this. we do have another fiscal cliff issue in about another 30 days. >> and dale is going through problems with p
Jan 19, 2013 6:00pm EST
at this party conference repeatedly kicked and pummelled with fists. others stood over the pistol, self-defense weapon that's lethal at close range. it's unclear why the 25-year-old attacked him ahmed dogan. right now, we're working on finding out everything about the attacker said the bulgarian interior ministry. in addition to the gun, two knives were found on the attacker. he had a known criminal activity. the politician who was attacked was stepping down as head of his party. police say that he's in good health after this attack. of course, david, so many questions tonight. >> alex, thanks to you. >>> we're going to turn now to the notre dame football star manti te'o speaking out for the first time about that phantom girlfriend. for the first time in an interview manti te'o was asked was in this? abc's matt gutman teaming one our partners at espn. >> reporter: manti te'o tonight calling himself the victim of lies. extending three years. >> were you in any way a part of this? >> no never. >> reporter: baring all in an exclusive all-camera interview with espn's jeremy schaap. >> he was asked
Jan 14, 2013 4:00pm EST
in reducing spending other than in the area of defense and maybe means testing for entitlements. so, chances for meaningful reduction in the growth of entitlements on the part of the republicans is almost nil. >> well, i mean, what -- what could the republicans have done? the senate didn't approve their own plan until, what, midnight on new year's day and it -- they will say, the republicans will say they were up against the wall and didn't want the country to go over the fiscal cliff. should we have gone over the fiscal cliff, since that was the reality, if, in fact, they would have pushed for spending cuts? >> maria, i'm not about to second guess them. these are very smart people -- >> well, you are second guessing them. this is what this interview is about. >> i just like to state where i believe where we are and what's going to happen. >> okay, what do you think happens? >> so, i think that the -- as a result of the tax increases, we are going to collect substantially less revenues than we thought we would. and that is because the federal and local tax rates, marginal tax rates combined
Jan 15, 2013 2:00am PST
was shot dead two years ago. both prosecution and defense maintain his activities were not the motive behind his killing but the defense argues that the child was exposed to violence at a young age. looks like he'll be held in some kind of detention facility until he's 23 years old. >>> a wisconsin woman who once weighed 425 pounds -- take a look at your screen right now -- she's now competing in triathlons. >> good for her. >> amy smith said her weight caused complications when her second daughter was born, so she had gastric bypass surgery. look at her. then she started working out. just one year later and smith has already completed two triathlons and two half marathons. >> my knees hurt, my back hurt, and i had high blood pressure. i was prediabetic. you know, i was going down a bad path. there's a group of us out there that have had weight loss surgery who are athletes now. i can say it. i never was comfortable saying that. >> oh, you are an athlete. you go, amy. now that she considers herself an athlete, amy smith's new goal is to participate in the elite iron man competition. >
FOX Business
Jan 15, 2013 9:20am EST
weapons for self-defense by saying you can use them because they are not usable for sport, that would be the use of an executive order because he would tell the justice keep arming the treasury department not to let these things coming and the effect of it would interfere with self-defense. stuart: i am bored with it. i don't care about 1968. judge napolitano: the same authority president obama has. stuart: tell me your judgment, if the president uses an executive order to command, demand background checks universally is that are unconstitutional. judge napolitano: he does not have the authority to do that. because that is an interference with the free trade in interstate commerce. stuart: it is a requirement before you buy a gun. stuart: you may consider a minor interference but it is an interference because it costs money. italy come from congress because the constitution gives to the congress the authority to regulate interstate commerce, not the president. stuart: by executive order can he say no more magazine clips that contain 10 or more bullets? judge napolitano: only the congr
FOX Business
Jan 18, 2013 1:00pm EST
the numbers are all driven by entitlements. you can make enormous progress on defense. you can make enormous progress on non-defense discretionary and in the end with you vil a enormous debt problem. unless you take on entitlements you don't solve the problem. in the end voters want you to solve the problem. republicans need to stick to their guns on that front. tracy: i hope they do because we're not talking enough about it. douglas holtz-eakin, thanks for taking time to be with us. >> thank you. >> we're not talking enough about it. ashley: we'll see how it works out. maybe get the debt ceiling dealt with and really get to the heart of the spending cuts that need to be put in place. tracy: we'll be playing groundhog day. ashley: that's true. ask rich edson. saving the best for last, morgan stanley surges after putting a close on this week's bank results. tracy: georgia, other states are helping offices in california to lure businesses to relocate. it sounds so sneaky. we'll find out what they're doing. let's check out oil is trading as we head out to break. it is pretty much flat. $95.52 a
Jan 13, 2013 6:00am PST
players on the field while the other team only has defensive players? >> reporter: the one football fact they all knew... do you know who tom brady is married to? >> yes. giselle bundchen. >> reporter: you know, the super model. the class was oddly enough at the british consulate where suesy kitchen is the consul general. are a you football fan. >> yes but not your kind of football. i like english football. >> reporter: you like real football. i think she may have been talking about soccer. >> i don't really know what's so difficult about football. we see them either throw the ball or run with the ball. basically two things. >> reporter: yes. but in so many many ways. this play is called jack's right 26 boot g3927. and it looks something like this. >> we call him a tightened. what would he be? what kind of an end. >> reporter: the material became more complex as class moved along. >> this cornerback, all right he's going to take this flat area. he's going to take what we call the hook. he's right in the middle of the field. hook. he's got the five underneath. too deep. it's not very har
Jan 20, 2013 6:00am PST
canal would be good for american commerce and defense. helping american ships move from one ocean to the other. and he got americans to follow his vision. >> unprecedented for us to do anything like that beyond our own borders. tremendous cost. and a tremendous risk. but he then participated in decisions by going to panama to see things for himself. the first time a president ever left the country while in office. >> reporter: and the best lead not only with actions but with words. >> the only thing we have to fear is fear itself. >> one speech could change history. >> mr. gorbachev, tear down this wall. ( cheers and applause ) >> that the torch has been passed... >> all superb speakers who delivered moving speeches -- speeches that lift us to want to attain more and higher achievement than we might believe we were capable of. that's leadership. >> ask what you can do for your country. >> presidents nixon ford, reagan >> reporter: john kennedy's words launched david gergen's career as an advisor to four presidents. >> i do believe that president obama has got to be the unifier in
Jan 13, 2013 7:00am PST
who are elderly, the grandmother you mentioned here. the interest in self-defense they have is a significant one. i think it actually does a disservice to the debate to suggest it's only the nra with this interest in self-defense within the window where the state really cannot respond. it's a private crisis. >> this is incredibly important to you. it feels like part of what goes on is a sense of if communities are disarmed, which in one way makes perfect sense, take the beef and turn it into fistfights instead of gunfights and everybody lives with it. given there are so many weapons, there are a lot of good guys. the grandmas who say look, i want my guns. they are part of protection against the bad guys and importantly in a city like chicago, a history where the police themselves, the state doesn't necessarily make you feel safe. there's been inadequate policing in those communities or the wrong kind of policing in those communities. >> well, you know, my thing is you have to keep working on changing behavior. you cannot change the circumstances all the time throughout the u
Jan 16, 2013 6:00am PST
defense about marketing online classes to nonstudents. the university spent $4.3 million marketing the online classes hoping to attract tuition from students all over the world. but since the classes started a year ago, only one person who was not already a uc student has take an class. uc online classes cost $1400 to $2400. but other universities like stanford and harvard are offering online classes for free. hundreds of thousands of students have signed up for those classes. >>> season 12 of american idol kicks off tonight right here on ktvu channel 2. mariah carey, nikki minaj and keith urban join randy jackson at the judges table. but judges say the focus is on finding the next big talent and that sometimes creates colorful moments. >> we have so much stuff going on this season. if i were a viewer, i would have be dvring this season. there are so many things. >> as usual fans can expect wild wacky and off key singers during early auditions and this is going to be great. be sure to watch for contestants that had surprise auditions after being secretly nominated by their friends.
Jan 14, 2013 7:00pm EST
that the politicians are going after, the semiautomatics are the most popular guns bought for self-defense. we need to look at whether these measures are actually going to have an impact or not and a lot of them are just political and are not going to keep our children safer. >> robert costa, we heard from senator joe manchin over the weekend and others. they want a broad base. they said you're not going to get a semiautomatic ban unless you have bettered attention to mental illness and obama today said that the gun lobby people were ginning up fear among americans who otherwise want reform. where is this thing going to play out? >> larry, i just walked over here in the u.s. capitol. the house is now back in session. i spoke with some lawmakers. especially among republican legislator, there's not a clamor to move towards an assault weapon ban, but there's a real discussion about background checks, about limiting the amount of bullets that could be in a magazine. and these are only preliminary discussions. so what president obama did today by talking about an executive order, he is trying to urge th
Jan 15, 2013 3:00pm EST
bank in the world reflating so you're very bull strategic defense initiative. >> very bullish. >> i guess the question is are you able to buy into that market at much lower houses? how substantial could a decline be on the so-called bumps in the road? there's some precedent for that. not the first time we've been through it. we've been back through it in 2011 and there's a significant pullback. there's a bit of a been there, done that and we haven't seen the kind of volatility we've seen and in the difference of backdrop the republicans sort of have their backs against the wall. they were forced to concede on taxes during the cliff debate, and now i think this is their chance to get concession on spending, and i think they are going to do that. this is going to go to the wall and that will create volatility. >> the president has been very clear. he's not going to negotiate on the debt ceiling. >> that's how politicians talk. at the end of the day negotiations will have to happen. >> he has to? >> you're not al lone in being wildly bullish right now and i think -- i know that's affec
Jan 15, 2013 5:00pm EST
defense unless ackman has a catalyst that is not himself. >> well, but to your point, karen, you are saying the short squeeze, it could theoretically continue as the shorts get out, there could be more in but if you take the shares off the market -- >> out of circulation. >> it becomes smaller and the squeeze becomes more painful. >> and guy being as old school that he is -- >> that's my thing. >> i am old school. if you think this hasn't happened, it happened before. in the early 2000s, irvin jacobs, probably been on the network from time to time and carl icahn, who is a regular on the network, butted heads where jacobs actually took out an article empl'e imploring people short sales. and it went from $4, rallied to $18. he wound up being right and then carl wound up winning in tend. >> happens a lot. >> always useful. >>> all right, coming up next, why america's shopping malls could be a dying breed. we go dead mall walking with one of the industry's most vocal skrit ickes. >>> first, surf's up. two areas you may want to bail out on. stay tuned. with the spark cash card from ca
Jan 16, 2013 3:00pm EST
and the nigerian state oil company. u.s. defense secretary leon panetta while speaking to reporters in italy called this a terrorist attack so the u.s. will take, quote, all necessary and proper steps. we are showing you the actual facility in algeria. the google map, google earth. a group affiliated for al qaeda has claimed responsibility for the attacks, in retaliation for france's military intervention into the country of mali which borders algieria. france began that intervention last week to try to combat islamic militants that work in that country. the hostages include not only americans but french, british, norwegian, japanese and an irish citizen as well. and according to information about algeria on bp's website, algeria supplies 30% of europe's natural gas. bill, back to you. >> thank you very much, michelle. more as that story continues to unfold. meantime, headed towards the close. 50 minutes left. the dow down 20 points. virtually all of that attributable to the decline in boeing today f.boeing weren't down as much as it is, the dow would be unchanged right now. >> pretty extraordinary
Jan 12, 2013 7:00pm PST
, secretary of state, defense and treasury, cia chief, all white men. some people are steamed about it. >> yep. >> does that bother you? >> no, i think obama should pick an all-black cabinet. why not? let's freak out some people in america. the first black person picked for a cabinet position was 1966. in all seriousness, he's going to have some diversity. 50% of the white house staff are women. i'm a big advocate of diversity. i think we learn from each other. i think it's great to have. i'm hopeful he'll make up for it. susan rice would have been secretary of state if the republicans hadn't attacked her -- >> hold on. i've been hearing that all week. i heard an interview, i was screaming at the television saying, people don't look when they're looking for the best qualified -- that is a bunch of crap. if you go to any h.r., anyone who's looking for any type of person to fill a job, they talk about everything, hair color, eye color, i need a black woman for this. we need a black man for that. and for an african-american, the first black president of the united states not to understand the opt
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